ANIMA PRIMA FUNDS PLC FIRST ADDENDUM TO ... - ANIMA Sgr

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<strong>ANIMA</strong> Traguardo III 2016 Interpretation Subscription means the 70 calendar days following the end of Initial Offer Period or such Period: longer period as may be determined by the Directors in accordance with the requirements of the Central Bank. Maturity Date: 30 December 2016. Maturity Period: Euro Debt Instruments: Non-Euro Debt Instruments: Euro Money Market Instruments: means the two calendar months following the Maturity Date. means fixed and / or floating rate transferable debt securities of all types (including corporate debt securities, bonds and notes, zero-coupon and discount bonds, debentures, commercial paper) issued by sovereign, supranational entities and/or corporate issuers, denominated in Euro. means fixed and / or floating rate transferable debt securities of all types (including corporate debt securities, bonds and notes, zero-coupon and discount bonds, debentures, commercial paper) issued by sovereign, supranational entities and/or corporate issuers, denominated in non-Euro currencies. means but is not limited to cash, treasury bills, commercial paper, certificates of deposit, short-term fixed and/or floating rate transferable debt securities (including corporate debt securities, bonds and notes, zero-coupon and discount bonds, debentures) issued by sovereign, government agencies, supranational entities and/or corporate issuers denominated in Euro and listed or traded on any Recognised Exchange worldwide. Deadlines “Dealing Deadline” means 1 p.m. (Irish time) on the Business Day preceding the relevant Dealing Day. Initial Offer Period The Initial Offer Period for the Fund, the dates of which are set out in the Class Information Cards, will start at 9 a.m. (Irish time) on the first day of the Initial Offer Period and close at 5 p.m. (Irish time) on the last day of the Initial Offer Period. The Initial Offer Period may be shortened or extended by the Directors, and the Central Bank will be notified of any such shortening or extension. During the Initial Offer Period, Shares will be available for subscription at an initial offer price of Euro 5 per Share. Shares will be issued as Silver Class Shares. All Shares are denominated in Euro. The Base Currency of the Fund is Euro. Subscriptions shall only be accepted in Euro. The Directors may exercise their discretion to refuse any applications for Shares in the Fund. 10
No subscription will be accepted after the end of the Subscription Period. However, Shareholders may elect in their Application Form to have cash dividends on all of their Shares reinvested towards the purchase of additional Shares in the Fund. Investment Manager The assets and investments of the Fund are managed by <strong>ANIMA</strong> Asset Management Ltd. as Investment Manager. Investment Objective and Policies The Fund is being primarily structured as a fund giving a return to investors at the Maturity Date. The investment objective is therefore as set out in the section headed “After the Subscription Period and up to Maturity Date”. The reason for having a Subscription Period is to have a short time period during which the Fund will accept subscriptions and invest them in a manner designed to preserve capital while at the same time allowing for some capital appreciation without limiting the Fund to bonds maturing in 2016. After the Subscription Period subscriptions are no longer accepted Shareholders may elect in their Application Form to have cash dividends on all of their Shares reinvested towards the purchase of additional Shares in the Fund. The Fund will never invest in equities. During the Subscription Period During the Subscription Period, the objective of the Fund will be to seek to provide capital preservation and appreciation. The Investment Manager will seek to achieve this objective through investment on a global basis mainly in Euro Money Market Instruments, in Euro Debt Instruments and Non-Euro Debt Instruments, in each case listed or traded on a Recognised Exchange. The Fund may invest up to 100% of its net assets in Euro Money Market Instruments and/or Euro Debt Instruments and/or Non-Euro Debt Instruments, in each case being of investment grade or better or, if unrated, being, in the opinion of the Investment Manager, of comparable quality. Subsequent to its purchase by the Fund, a security may cease to be rated or its rating may be reduced to below investment grade. The Fund may invest up to 30% of its net assets in securities/instruments of below investment grade. Where an instrument ceases to be rated or its rating is reduced to below investment grade, the Investment Manager will consider such event in determining whether the Fund should continue to hold the security. The Fund may invest up to 30% of its net assets in convertible bonds, up to 10% of its net assets in warrants and up to 30% of its net assets in emerging markets, of which up to 10% of net assets may be concentrated in Russia. In any event, the Fund’s combined exposure to (i) debt or debt related instruments issued by emerging markets (regardless of an instrument’s rating) and (ii) non-emerging markets convertibles (regardless of 11
Page 1 and 2: ANIMA PRIMA FUNDS PLC FIRST ADDENDU
Page 3 and 4: Euro Money Market Instruments: Mini
Page 5 and 6: During the Subscription Period Duri
Page 7 and 8: The Fund is designed for investment
Page 9 and 10: the payment of dividends out of cap
Page 11 and 12: ANIMA PRIMA FUNDS PLC SECOND ADDEND
Page 13 and 14: Euro Money Market Instruments: mean
Page 15 and 16: in a diversified portfolio both of
Page 17 and 18: The Fund may buy futures or buy cal
Page 19: "FUND INFORMATION CARD - SOLUTIONS
Page 23 and 24: The Fund may invest up to 30% of it
Page 25 and 26: The Fund may engage in stocklending
Page 27 and 28: “FUND INFORMATION CARD - SOLUTION
Page 29 and 30: Once identified as having an approp
Page 33 and 34: It is intended that the Euro Debt I
Page 37 and 38: capital while at the same time allo
Page 39 and 40: Financial Derivative Instruments an
Page 43 and 44: ating reduced below investment grad
Page 45 and 46: The leverage resulting from the use
Page 49 and 50: The Fund will never invest in emerg
Page 51 and 52: At any time after the Initial Offer
Page 53 and 54: Each applicable Redemption / Conver
Page 55 and 56: PRIMA Bond 2017 Crescita Imprese In
Page 57 and 58: The Fund will be authorised to inve
Page 59 and 60: At any time after the Initial Offer
Page 61 and 62: The use of the Initial Offer Price
Page 63 and 64: following Funds: ANIMA Global Bond,
Page 65 and 66: money market rate of index. The Fun
Page 67 and 68: The Fund is authorised to invest up
Page 69 and 70: positions held by the Fund may not
Page 71 and 72:
The amount of incentive fee earned
Page 73 and 74:
The Fund may experience varying lev
Page 75 and 76:
The Fund is authorised to invest up
Page 77 and 78:
financial crisis which could negati
Page 79 and 80:
Manager may attempt to safeguard th
Page 81 and 82:
The Fund may engage in stocklending
Page 83 and 84:
As the NAV per Share is likely to d
Page 85 and 86:
Share Class Return: means the Gross
Page 87 and 88:
The Fund may maintain a very high e
Page 89 and 90:
(i) There is an Outperformance on t
Page 91 and 92:
derivative instruments on financial
Page 93:
Investment Manager shall be entitle
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ANIMA PRIMA FUNDS PLC FIRST ADDENDUM TO ... - ANIMA Sgr

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